06Jun

If you’re an IT professional and want to double that raise you got (who doesn’t?) learn a new skill or earn a certification.

That’s what Global Knowledge discovered when it surveyed tech workers around the world. The training firm won’t release its 2020 IT Skills and Salary Report until later this summer, but it gave everyone a preview of some of the key findings. Among them is the financial impact of training.

Global Knowledge found the average raise for tech professionals this year is right around 6%, which translates to a bump of just about $5,000. But those who learned a new skill earned nearly $12,000 more and those who obtained a new certification got almost $13,000 more.

“The reason for a raise impacts the amount of the raise,” says Global Knowledge. “Twelve percent of individuals who received a raise attribute it to developing new skills that were of added value. Those same individuals earned nearly $12,000 more this year compared to 2019.

“IT professionals who attribute their raise to obtaining a new certification experienced a salary bump of nearly $13,000.”

This isn’t just a one-survey wonder. Global Knowledge has surveyed tech workers since 2008 finding that those with new certifications nearly always are rewarded with a bigger than average raise. In North America tech pros with at least one certification typically earns 8% more than those with no certifications. Those with 6 or more certifications get an even bigger pay bump, earning $13,000 more than those with just one.

The reason for the difference is simple: The more skills a person has, the more productive they can be and thus more valuable. This is especially significant in tech where, as Global Knowledge says, two-thirds of IT decision-makers believe the lack of necessary skills – the skills gap – is costing between 3 and 9 hours of productivity a week.

That explains why this year Global Knowledge found a 36% jump in managers approving IT training. When training is available, 80% of managers are now giving workers the OK. On the other hand, 20% are still saying “No” to training.

According to Global Knowledge those 1-in-5 managers worry that taking time to train will negatively impact work and cause a loss of productivity. But, as the company’s report preview points out, that dip will be short-term, while not having people with all the right skills is a long-term impact.

Trying to fill the skills gap by hiring talent is so difficult that 69% of IT managers have multiple open positions. Nearly all have at least one opening.

Photo by Wes Hicks

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Green Key

Crafting the Future: Delving into AI as a College Major

In the rapidly evolving landscape of technology, artificial intelligence (AI) has emerged as a transformative force, revolutionizing industries, and reshaping the way we live and work. As AI continues to permeate various aspects of society, the demand for skilled professionals in this field has skyrocketed. Recognizing this growing need, colleges and universities are now offering AI as a dedicated major, empowering students to become the innovators and leaders of tomorrow.

The most recent university to offer AI as a major is the University of Pennsylvania. LinkedIn stated that the university is, “…the first Ivy League school to say it will offer the major in the fall. Robert Ghrist, an associate dean at Penn Engineering, acknowledged in a statement that the program is challenging to design — and pursue. “We are training students for jobs that don’t yet exist in fields that may be completely new or revolutionized by the time they graduate,” he said. Specifically, the coursework will include “machine learning, computing algorithms, data analytics and advanced robotics.”

According to CNBC, “A handful of other universities, including Carnegie Mellon’s School of Computer Science and Purdue’s College of Science, already offer AI majors. Stanford University and Massachusetts Institute of Technology offer AI courses and programming as well.”

The introduction of AI as a college major represents a significant milestone in the evolution of higher education. It reflects the recognition of AI’s profound impact on virtually every industry from healthcare and finance to transportation and entertainment. By offering specialized programs in AI, educational institutions are equipping students with the knowledge, skills, and expertise needed to thrive in a data-driven world.

A degree in AI opens up a world of career opportunities across industries. Graduates with expertise in AI are in high demand by companies seeking to leverage data-driven insights to enhance their products, services, and operations period from software development and data analysis to machine learning engineering and research, the possibilities are endless for AI majors.

In addition to technical skills, AI programs also emphasize critical thinking, problem solving, and ethical considerations. As AI technologies become increasingly sophisticated, questions surrounding privacy, bias, transparency, and accountability have become more prominent.

In conclusion, AI’s integration as a college major presents a pivotal opportunity for students to spearhead innovation in the digital era.

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Green Key

Studies, Surveys Tell the Story of COVID’s Cybersecurity Risks

When the COVID-19 lockdown hit, companies worldwide transitioned millions of employees from working in offices to working at home. There were bumps to be sure, but from an IT perspective the process generally went smoothly.

What’s happened since then is enough to keep IT security professionals up at night.

“Once the transition was complete,” says an article on CSO.com, “Organizations found their attack surface had changed immensely and threat actors attempted to seize upon the opportunity. Phishing, brute-force and malware attacks surged while the number of endpoints connecting to corporate networks ballooned.”

We blogged about this subject a few weeks ago when a survey of IT leaders reported that 41% of them had experienced more security attacks than ever.

In light of the collection of surveys and studies in the CSO.com article, that now looks like an understatement.

Though the study we referenced in our post said in the early days of the lockdown companies were spending an extra $15 billion a week on IT, CSO cites a study that helps explain why: 66% of organizations had no pandemic preparedness plan in place. Others, including those that did, failed to account for the sheer scale of having every employee working remotely.

Infoblox’s COVID-19 Challenges for the Borderless Enterprise report said 38% of organizations shifted funds from cybersecurity to provide for remote worker access. 46%, however, shifted IT resources to shore up the security of their networks. Another study cited by CSO.com tells us that 60% of organizations that adopted work-from-home technology accelerated or bypassed their normal privacy/security reviews.

Consequently says CSO.com, chief information security officers “should go back and ensure that any checks that were skipped or accelerated have been redone to ensure all the risks have been accounted for.”

The article cites Zoom’s security issues as one example of a remote tool that was quickly adopted by many without considering security.

The most worrisome part of the article by CSO editor Dan Swinhoe cites a baker’s dozen of studies, surveys and reports of cyberattacks skyrocketing during the lockdown with many continuing unabated since. Here’s a sample:

  • Supply chain attacks rose 38% since the start of the pandemic;
  • Phishing incidents rose 220% at the height of the pandemic;
  • Ransomware attacks spiked more than 100%;
  • Insider-threats increased 27%;
  • RDP brute-force attacks (attempts to remotely control a computer or computer system) grew 400%.

With the majority of companies expecting more employees than ever to work from home even when the pandemic ends, a PwC Insights Survey found 96% of organizations saying they are adjusting their cybersecurity strategy due to COVID-19. 50% said cybersecurity and privacy will be baked into every business decision or plan.

“This focus on security,” observes CSO, “Should provide CISOs with more influence at the most senior levels of the business.”

Photo by Jefferson Santos on Unsplash

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